Russia-Ukraine war implicates higher oil prices

It was reported that the Brent crude oil prices had surpassed USD100 per barrel on Thursday, 24th February, the first time since 2014.

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Brent Crude Oil prices shot up to USD100 per barrel in light of the Russia-Ukraine war--

Mohamed Rehan

2022-02-24 12:29:43

It was reported that the Brent crude oil prices had surpassed USD100 per barrel on Thursday, 24th February, the first time since 2014.

This was no coincidence since the price surge was felt almost immediately after Russian president Vladimir Putin ordered his troops into eastern Ukraine.

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